Ardent Health (NYSE:ARDT) Releases Earnings Results, Misses Expectations By $0.06 EPS

Ardent Health (NYSE:ARDT) announced its earnings results on Tuesday. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.06), FiscalAI reports. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.59 billion. Ardent Health had a return on equity of 10.45% and a net margin of 1.22%. Ardent Health updated its FY 2026 guidance to 0.780-1.150 EPS.

Ardent Health Stock Performance

NYSE:ARDT remained flat at $11.16 during trading hours on Thursday. The company had a trading volume of 211,489 shares, compared to its average volume of 463,826. The company has a market cap of $1.60 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 2.53 and a beta of 0.70. Ardent Health has a twelve month low of $7.71 and a twelve month high of $15.48. The business’s 50 day moving average is $9.89 and its two-hundred day moving average is $9.46. The company has a quick ratio of 2.00, a current ratio of 2.12 and a debt-to-equity ratio of 0.62.

Insider Buying and Selling

In other news, CFO Alfred Lumsdaine bought 10,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was acquired at an average price of $8.81 per share, with a total value of $88,100.00. Following the transaction, the chief financial officer owned 329,183 shares of the company’s stock, valued at $2,900,102.23. This trade represents a 3.13% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is owned by insiders.

Institutional Trading of Ardent Health

A number of large investors have recently bought and sold shares of ARDT. Caitong International Asset Management Co. Ltd increased its holdings in Ardent Health by 1,177.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,862 shares of the company’s stock worth $25,000 after purchasing an additional 2,638 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Ardent Health during the 3rd quarter worth about $61,000. New York State Common Retirement Fund boosted its position in shares of Ardent Health by 121.4% during the 2nd quarter. New York State Common Retirement Fund now owns 6,200 shares of the company’s stock worth $85,000 after purchasing an additional 3,400 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in Ardent Health in the third quarter valued at approximately $145,000. Finally, Fox Run Management L.L.C. bought a new stake in Ardent Health during the 4th quarter valued at $147,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen lowered Ardent Health from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. UBS Group boosted their target price on shares of Ardent Health from $13.00 to $13.50 and gave the company a “buy” rating in a research report on Thursday, May 7th. Truist Financial increased their price target on shares of Ardent Health from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday. The Goldman Sachs Group reissued a “neutral” rating and issued a $13.00 price objective on shares of Ardent Health in a research note on Thursday. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Ardent Health in a research note on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.54.

About Ardent Health

Ardent Health, listed on the New York Stock Exchange under the ticker ARDT, is a healthcare delivery company focused on acquiring, developing and managing acute care hospitals and complementary outpatient facilities across the United States. The company’s integrated platform encompasses both inpatient and outpatient services, designed to provide end-to-end care solutions and address the full continuum of patient needs.

Through its network, Ardent Health operates general hospitals, emergency departments, ambulatory surgery centers, urgent care clinics, rehabilitation and post-acute care facilities.